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Markets Today

Sat, May 11th, 2024
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Russian freeze, USDA reports support wheat and corn bulls

April CPI released on Wednesday

Russia’s wheat freeze, historical corn price patterns & how global weather extremes are affecting markets

Jim covers the major weather drivers for soybeans, corn, wheat, cocoa, and natural gas.

ZWN24 : 663-4s (+4.08%)
KEN24 : 673-2s (+3.30%)
WEAT : 6.17 (+3.01%)
ZSN24 : 1219-0s (+0.87%)
SOYB : 25.68 (+0.59%)
ZCN24 : 469-6s (+2.90%)
CORN : 20.83 (+1.97%)
CCN24 : 8,891s (+2.25%)
CAN24 : 7,565s (+0.72%)
NGN24 : 2.484s (-2.09%)
UNG : 16.52 (-2.36%)
KOLD : 61.13 (+4.89%)
Hogs and Cattle Eke Out Small Gains

Feeders slightly lower

Pure Hedge - Livestock and Grain

Bearish WASDE For Soybeans. I Would Not Want To Be Long.

Shootin' the Bull about recognition

In my opinion, some changes were noticed this week.  Of the one most notable was further recognition of the agenda in place by others.  As the impact from becomes more obvious, it has begun to make cattle...

Three Sustainability Markets Seeing Momentum

A global push toward sustainability and renewable energy has helped spur growth in futures markets for lithium, biofuels and the S&P 500 ESG index.

Grain Spreads: Xmas in May

Corn Gets a Needed Boost

CommodityTrends Weekly Newsletter

Drawing Tools - Part 2In my previous Training Video I produced a ten and a half minute segment that walked through some of the easy to use charting features at www.commoditytrends.com. In this week's video,...

EURUSD Elliott Wave: Forecasting the Rally from Equal Legs Area

Greetings fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of (EURUSD) , published in members area of the website. As our members know, EURUSD has...

^EURUSD : 1.07713 (-0.10%)
US consumer sentiment drops to 6-month low on inflation, unemployment fears

Consumer sentiment fell sharply in May to the lowest level in six months as Americans cited concerns about stubbornly high inflation and interest rates and fears that unemployment could rise

MCD : 275.00 (+2.63%)
SBUX : 76.11 (+0.57%)
$SPX : 5,222.68 (+0.16%)
$DOWI : 39,512.84 (+0.32%)
$IUXX : 18,161.18 (+0.26%)

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10 Most Oversold Stocks in the S&P 500 - $CVS $INTC $SBUX and $ULTA making the list https://t.co/x7SFzDOWjg
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BREAKING 🚨: Short Sellers Short Sellers in Novavax sustained estimated losses of $255 million on Friday after $NVAX soared by 99%, the stock's largest gain in history https://t.co/J3daCNZ40w
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It likely won't be appropriate to cut interest rates this year cautions Federal Reserve Governor Michelle Bowman https://t.co/O7M21eKZMV
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CSI China Internet ETF $KWEB has just formed a Golden Cross https://t.co/LxQJIwYsmp
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Gold Miners Hit 12-Month Highs 🚨 https://t.co/BwNkPODSXx
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CFTC taking steps to ban the use of derivatives in betting on November elections and Sports Games https://t.co/nRYBoTiTo3
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$15 Million Treasury Options Trade 🚨 An Options Trader bet $150,000 that the 10-year Yield would fall to 4.25% by May 24, which would generate profits of $15 million. However, if the yield instead rises to 4.7%, losses of $15 million will be sustained. https://t.co/aLXv19lm9w https://t.co/yIiRjtLLzT
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S&P 500 $SPX will hit 5,400 by year-end and 5,610 within the next 12 months, according to CFRA Chief Investment Strategist Sam Stovall https://t.co/pA8tKpYKXi
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Buying options to protect against a stock market collapse fell to the cheapest level in 9 years. The CBOE VIX of VIX, $VVIX, an index tracking the implied volatility of VIX options, fell to its lowest level since May 2015. https://t.co/t7DHw3xQXP
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FUN FACT 🚨: On this day in 1965, Warren Buffett took control of Berkshire Hathaway, which was trading for $18 a share. Now $BRK.A is $622,000! https://t.co/dAXWoUsKjq https://t.co/pdVbDRns3o
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